NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

The Governance of China's Finance

Katharina Pistor

Chapter in NBER book Capitalizing China (2013), Joseph P. H. Fan and Randall Morck, editors (p. 35 - 60)
Conference held December 15-16, 2009
Published in November 2012 by University of Chicago Press
© 2013 by the National Bureau of Economic Research

This chapter examines the governance of China's financial system, which, it shows, cannot be adequately explained using conventional paradigms that rely on ownership and legal or regulatory controls alone. Instead, China's governance regime relies heavily on human resource management, which uses control rights over the career path of top-level financial cadres.

download in pdf format
   (393 K)

email paper

Acknowledgments and Disclosures

Machine-readable bibliographic record - MARC, RIS, BibTeX

Commentary on this chapter: Comment, Zheng Song
Users who downloaded this chapter also downloaded* these:
Chen Financial Strategies for Nation Building
Song Comment on "The Governance of China's Finance"
Xu Comment on "China's Financial System: Opportunities and Challenges"
Gordon and Li Provincial and Local Governments in China: Fiscal Institutions and Government Behavior
Jin Comment on "Institutions and Information Environment of Chinese Listed Firms"
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us